Oil News and Gas News
June 25, 2018
OIL AND GAS
Oil potential in West Africa building



Washington (UPI) Jun 21, 2018
Oil prospects from frontier basins in West Africa could unlock reserves in excess of 30 million barrels, Savannah Petroleum announced Friday. The British company, focused on West Africa, said Friday it completed its third well in a drilling campaign in Niger. Drilling in the well, dubbed Kunama-1, was aimed at assessing the potential oil payout from the landlocked country. Savannah said it estimated the unrisked recoverable reserves at the Kunama prospect at 35 million barrels. Final res ... read more

OIL AND GAS
API: Big investments needed in U.S. energy infrastructure
Washington (UPI) Jun 21, 2018
Energy infrastructure that can keep pace with growing oil and gas production trends is an essential U.S. need, an American Petroleum Institute director said. ... more
OIL AND GAS
OPEC, non-cartel agree to share increased oil production
Washington DC (UPI) Jun 25, 2018
OPEC nations and other countries outside the cartel agreed Saturday to share increased oil production in a move that is seen as stabilizing global energy prices. ... more
OIL AND GAS
Trillions of dollars in investments needed in oil, OPEC says
Washington (UPI) Jun 21, 2018
Given the pace of global economic development, oil demand is strong, but major investments are needed to keep up, the president of OPEC said Friday. ... more
OIL AND GAS
Mongolia builds first refinery to ease Russian fuel dependence
Ulaanbaatar (AFP) June 22, 2018
Mongolia broke ground on Friday for the construction of the country's first oil refinery with the help of a $1 billion loan from India to ease its dependence on Russian fuel. ... more


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OIL AND GAS
Oil prices spike sharply after OPEC fails to deliver
Washington (UPI) Jun 21, 2018
Crude oil prices were soaring in early Friday trading after OPEC apparently disappointed with the terms of a consensus agreement on production. ... more
OIL AND GAS
Offshore Guyana on par with the Permian basin
Washington (UPI) Jun 21, 2018
With trends on par with the Permian shale basin in the United States, Guyana is big enough to be transformative even for the supermajors, analysis found. ... more
OIL AND GAS
Venezuelan production woes expected to continue
Washington (UPI) Jun 21, 2018
Long-term pressures on the oil sector in Venezuela won't be resolved anytime soon, so production woes are expected to continue, a U.S. energy report found. ... more
OIL AND GAS
Gulf Keystone expecting more oil from Kurdish north of Iraq
Washington (UPI) Jun 21, 2018
Plans outlined in agreements with the Kurdish government and Hungarian partners could boost Kurdish oil output by more than 50 percent, Gulf Keystone said. ... more
OIL AND GAS
Moon suggests Russian gas be piped to Koreas, Japan
Seoul (AFP) June 20, 2018
New pipelines could be laid to bring Russian gas through North Korea to the South and even on to Japan following the diplomatic thaw with Pyongyang, Seoul's leader suggested Wednesday. ... more
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OIL AND GAS
Signs of OPEC consensus on output pushing oil prices lower
Washington (UPI) Jun 21, 2018
Crude oil prices moved deep into negative territory in early Thursday trading amid expectations of a consensus agreement from OPEC on future production. ... more
OIL AND GAS
US leaks 60 percent more methane than government says: study
Tampa (AFP) June 21, 2018
The US oil and gas industry leaks 60 percent more methane than official government estimates, a report said Thursday, warning of this potent greenhouse gas's effect on the environment. ... more
OIL AND GAS
Oil depots in Libya recaptured
Washington (UPI) Jun 21, 2018
As the U.S. government weighs in on conflict in the OPEC member, military forces in Libya regained control over key oil installations, reports read Thursday. ... more
OIL AND GAS
Norway's oil and gas production could be declining
Washington (UPI) Jun 21, 2018
Beyond 2025, oil and gas production from offshore Norway will need to come from undiscovered resources if the trend line is to remain steady, a report said. ... more
OIL AND GAS
Iran: Less politics will help stabilize oil markets
Washington (UPI) Jun 21, 2018
The political element of the oil market needs to be diminished in favor of market fundamentals, the Iranian oil minister said at OPEC's conference in Vienna. ... more


Shell continues divestment streak with Thai gas sale

OIL AND GAS
Colorado sees bottlenecks crimping oil production
Washington (UPI) Jun 21, 2018
Pipeline limitations near the U.S. inland storage hub in Cushing, Okla., create headwinds for growth in Colorado oil production, a state report found. ... more
OILGASDAILY



OIL AND GAS
Brazil opens door to oil production advances
Washington (UPI) Jun 21, 2018
New policies enacted by Brazilian energy regulators facilitate construction of the production infrastructure needed to crack into offshore oil, a report found. ... more
OIL AND GAS
U.S. economy less exposed to oil price shocks
Washington (UPI) Jun 21, 2018
The price of oil is vulnerable to spikes from geopolitical events, though the U.S. economy seems only modestly at risk, an economist at the Dallas Fed said. ... more
OIL AND GAS
Wood Mac: Expect moderate action from OPEC
Washington (UPI) Jun 21, 2018
Expect some sort of Goldilocks scenario from OPEC on future supplies, though talks under way in Vienna are increasingly contentious, a consultant group said. ... more
OIL AND GAS
Trump erases Obama-era offshore rules
Washington (UPI) Jun 21, 2018
Executive action from the U.S. president eases offshore energy planning burdens, an industry group said, though critics said it was a war on oceans. ... more
OIL AND GAS
South Sudan foes set to meet after two years
Addis Ababa (AFP) June 20, 2018
The two figures at the centre of the civil war that has ravaged South Sudan are scheduled to meet on Wednesday for the first time in nearly two years. ... more
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24/7 War News Coverage



Orange, tea tree and eucalyptus oils sweeten diesel fumes
Brisbane, Australia (SPX) Jun 18, 2018
QUT PhD researcher Ashrafur Rahman tested each of the waste oils for performance and emissions as a 10 per cent oil/90per cent diesel blend in a 6-cylinder, 5.9l diesel engine. "As only therapeutic grade oil can be used, there is a substantial volume of low-value waste oil that currently is stored, awaiting a use," Mr Rahman said. "Our tests found essential oil blends produced almost ... more
+ Critical plant gene takes unexpected detour that could boost biofuel yields
+ 'Tricking' bacteria into hydroxylating benzene
+ How to suck carbon dioxide from the sky for fuels and more
+ Scientists sustainably 3D print large objects out of cellulose
+ Polymer researchers discover path to sustainable and biodegradable polyesters
+ 'Deforestation-free' palm oil not as simple as it sounds
+ Advanced biofuels can be produced extremely efficiently, confirms industrial demonstration
KYOCERA to participate in Japan's virtual power plant project to improve energy management
Tokyo, Japan (SPX) Jun 20, 2018
Kyocera has registered with the Sustainable open Innovation Initiative (SII) as a resource aggregator*1 for a new program to help control energy resources among Japanese consumers. This latest test project runs until February 2019, plans to expand the coverage area to Tohoku and Hokkaido and is designed to test the flexible response to changing energy supply and demand. Part of a larger pr ... more
+ New material for splitting water
+ ABB to install multipurpose microgrid in Australia
+ Solar FlexRack completes shipments to 71 MW solar project in North Carolina
+ German utility makes solar debut in Texas
+ Solar cells combining silicon with perovskite push achieve record efficiency over 25 percent
+ EU sets higher target for renewable energy by 2030
+ SoftBank plans $60-100 bn investment in solar in India: report


India embarks on offshore wind energy effort
Washington (UPI) Jun 19, 2018
The completion of studies for the offshore wind energy potential in India expands the sector in a greening economy, the government said Tuesday. Norwegian energy advisory group DNV GL announced Tuesday it completed a study, co-funded by the European Union and an offshore wind energy group in India, examining the offshore wind energy potential for two coastal states. "It is the be ... more
+ New wind turbines are even efficient in low winds
+ Cryptocurrency blowing in the wind as mine opens in Estonia
+ U.S. Atlantic states eye offshore wind leadership
+ European wind energy generation potential in a warmer world
+ New York to world's largest offshore wildlife aerial survey
+ German utility E.ON sees renewable sector growth
+ Germany's E.ON wants even bigger wind footprint
Chernobyl's stray dogs offered new life in US
Chernobyl, Ukraine (AFP) June 25, 2018
The restricted zone around Chernobyl is eerily quiet but one building near the scene of the world's worst nuclear disaster is full of barking and whining. The long, one-storey structure once served as a makeshift medical centre for workers from the plant to receive assistance after the 1986 disaster. Today it is a hospital for the stray dogs that remain in the 30-kilometre (19-mile) ex ... more
+ Creating a new composite fuel for new-generation fast reactors
+ Nuclear power shutdowns won't spike power prices
+ Seawater yields first grams of yellowcake
+ Framatome and the EPR reactor: a robust history and the passion it takes to succeed
+ Widespread uranium contamination found in India's groundwater
+ Bulgarian parliament moves to revive nuclear project
+ Ukrainian villages still suffering legacy of Chernobyl
Daily Newsletters - Space - Military - Environment - Energy

Ocean's heat cycle shows that atmospheric carbon may be headed elsewhere
Princeton NJ (SPX) Jun 20, 2018
As humans continue to pump the atmosphere with carbon, it's crucial for scientists to understand how and where the planet absorbs and naturally emits carbon. A recent study in the journal Nature Geosciences examined the global carbon cycle and suggests that existing studies may have misgauged how carbon is distributed around the world, particularly between the northern and southern hemisph ... more
+ Drought haunts farmers in Poland, Baltic states
+ Drought-hit Iraq suspends farming of key crops
+ European leaders take climate agenda on a road trip
+ Scientists to study urban heat island effect using water tunnel
+ S.Africa lifts state of disaster over drought
+ Can any civilization make it through climate change?
+ Germany admits will fall far short of 2020 climate target
Could this material enable autonomous vehicles to come to market sooner?
Los Angeles CA (SPX) Jun 20, 2018
One of the leading challenges for autonomous vehicles is to ensure that they can detect and sense objects - even through dense fog. Compared to the current visible light-based cameras, infrared cameras can offer much better visibility through the fog, smoke or tiny particles that can scatter the visible light. Within the air, infrared light - within a specific range called mid-wave infrare ... more
+ New tool will help protect animals from harmful hues of transport lights
+ Electric scooter-sharing moves into the fast lane
+ Daimler cuts profit forecast, blaming US-China tariffs
+ Audi boss arrested in diesel probe
+ Fleet of autonomous boats could service cities to reduce road traffic
+ MIT study helps driverless cars change lanes more like humans do
+ Germany hits Mercedes with mass diesel recall


Iraqis fill the Mosul airwaves after IS radio silence
Mosul, Iraq (AFP) June 22, 2018
During the Islamic State group's rule in Mosul, radio stations were banned and replaced with broadcasts of jihadist propaganda. Today, young Iraqis are filling the city's airwaves. One budding presenter is Nour Tai, who at 16 years old faces the microphone with a confident tone and a professional style. She hosts a weekly programme on One FM, a Mosul station launched in February that bro ... more
+ Baghdad mall apologises for barring war orphans
+ Biggest Iraqi tribe calls for arms to defend against IS
+ 7 shepherds killed as IS 'danger' grips Iraqi desert
+ Three truck drivers killed by IS in Iraq
+ Uproar over alleged barring of Iraq orphans from shopping centre
+ Toy guns banished as Iraqis celebrate peaceful Eid in Mosul
+ In Iraq, Angelina Jolie calls for focus on conflict prevention
Japan halts missile drills after Trump-Kim summit: reports
Tokyo (AFP) June 21, 2018
Japan has halted evacuation drills simulating a North Korean missile attack in the wake of historic talks between Washington and Pyongyang, local media reported Thursday. Government officials did not immediately confirm the reports, but authorities in one town told AFP they were suspending a drill planned for next week on orders from Tokyo. The decision comes after US President Donald Tr ... more
+ Nuclear deal collapse would be 'very dangerous': Iran minister
+ Navy contracts for submarine ballistic missile re-entry systems
+ Ten days after Trump-Kim summit, hard work is yet to begin
+ Despite summit, N.Korea still a nuclear threat, says Trump
+ Iran's Khamenei says 'no need' to join global agreements
+ Iraq police in armed clash with pro-Iran militia in Baghdad
+ Mattis visits China amid Korea talks, strategic tensions
Daily Newsletters - Space - Military - Environment - Energy

Dominican Republic names ambassador to China
Santo Domingo (AFP) June 20, 2018
The Dominican Republic appointed its first ambassador to China on Tuesday, after switching diplomatic ties from Taiwan in April. The envoy is Briunny Garabito Segura, who has previously served as ambassador to Colombia and Canada. Until April, the Dominican Republic was among just a handful of countries that recognized Taiwan. China and Taiwan have been ruled separately since 1949 b ... more
+ China pledges $100 million in military aid to Cambodia
+ Chinese parents-to-be seek more fertile ground abroad
+ Nepal PM to seek investment on first official China trip
+ Malaysia power shift hits China infrastructure drive
+ Ex-head of China insurance regulator pleads guilty to bribes
+ China's transgenders 'step forward' from the shadows
+ Sweden jails Chinese man for spying on Tibetan refugees
Environment the loser in Gabon capital's rush for growth
Libreville (AFP) June 22, 2018
"It's an environmental disaster," said Magloir-Desire Mounganga as he strode across the soggy, spongy soil where mangroves have been ripped up for development near the Gabonese capital Libreville, threatening its fragile ecosystem. "Here the mangrove trees have been completely razed, you can even see the marks left by the bulldozer," said Mounganga, an expert from Gabon's National Agency fo ... more
+ Death toll from Gambia protest rises to three
+ Gambian police kill two anti-pollution protestors
+ Boko Haram kills nine soldiers in Nigeria
+ Gambia president vows justice after police kill two protesters
+ France, Britain, US put UN hold on Chinese arms deliveries to C. Africa
+ Uganda commissions new Chinese highway to ease congestion
+ For Ethiopia's Abiy, big reforms carry big risks


V-22 Ospreys to receive ballistic protection panels
Washington (UPI) Jun 19, 2018
The Department of Defense announced it has awarded a contract to MACRO Industries for hardware in support of the V-22 aircraft. The contract award, from Naval Air Warfare Center Aircraft Division and announced on Monday, is valued at more than $20.4 million under the terms of a fixed-price indefinite-delivery, indefinite-quantity contract. The deal enables MACRO Industries to provide 20 ... more
+ Turkey gets first F-35 delivery from US
+ Air Force resumes B-1 bomber flight operations after safety concerns
+ Replacements, improvements on the way for Air Force Huey bases
+ French fighter jets go quiet for school exams
+ Pentagon awards Lockheed contract for F-35 spares, support
+ UK jet expert held over 'Chinese plot for military secrets'
+ Boeing awarded $1.5B for Hornet, Growler upgrades
US lawmakers hammer commerce secretary Ross over trade
Washington (AFP) June 20, 2018
Indignant US lawmakers on Wednesday grilled Commerce Secretary Wilbur Ross on President Donald Trump's multi-front trade offensive, saying it risked spiraling out of control and damaging the American economy. Pleading for an assortment of interests - from nail manufacturers in Missouri to cherry growers in Washington state - senators told Ross US trade policies are alienating allies and je ... more
+ China's Xiaomi announces pioneering listing plan
+ China's central bank to cut reserve requirements
+ China's Xi denounces 'protectionism, isolationism and populism'
+ White House: China has 'much more to lose' in trade dispute
+ Malaysia murder case linked to Najib 'may be re-opened'
+ Trump's many trade wars: a summary
+ French crystal maker Baccarat joins Chinese magnate's collection
Daily Newsletters - Space - Military - Environment - Energy

US 'committed to NATO': senior Army commander
Rotterdam, Netherlands (AFP) June 21, 2018
The United States will continue to show its commitment to NATO, a senior US Army commander said Thursday as a fresh batch of military helicopters arrived in Europe's largest port to bolster ongoing operations. Rotterdam harbour on Wednesday saw the offloading of some 60 US Army Black Hawk and Chinook troop transport helicopters, belonging to the 4th Combat Aviation Brigade based out of Fort ... more
+ Despite rows, EU-US defence ties still strong: NATO chief
+ Ahead of NATO summit, Trump urges Canada to up defense spending
+ NATO will show unity despite differences: Stoltenberg
+ European countries to formalise EU defence force plan
+ Germany, France and eurozone reform ideas
+ Erdogan takes 'crazy projects' to new level with Canal Istanbul dream
+ Moscow slams Norway plans to double US troop presence


Wastewater treatment plants are key route into UK rivers for microplastics
Leeds UK (SPX) Jun 18, 2018
Water samples from UK rivers contained significantly higher concentrations of microplastics downstream from wastewater treatment plants, according to one of the first studies to determine potential sources of microplastics pollution. Scientists from the University of Leeds measured microplastics concentrations up and downstream of six wastewater treatment plants and found that all of the p ... more
+ Japan passes anti-plastic law but with no sanctions for polluters
+ Delhi reels as summer haze catches Indian capital off guard
+ EU Parliament to phase out plastic water bottles
+ Recycling plastic -- Japan style
+ Macron's environmental record under fire as critics tally 'retreats'
+ Mediterranean could become a 'sea of plastic': WWF
+ Plastic wasteland: Asia's ocean pollution crisis
NATO says ready to help Italy in Libya
Rome (AFP) June 24, 2018
NATO chief Jens Stoltenberg said Sunday the alliance was prepared to help out in troubled Libya as it grapples with a migrant crisis but warned there were no military solutions. Speaking to Italian daily La Repubblica, Stoltenberg said: "NATO is ready to help Libya construct its security institutions". NATO experts were already "in contact with Libya authorities to see how to assist them ... more
+ Pentagon to prepare 20,000 beds for migrant children
+ US military to help prosecute migrant cases
+ Split families in limbo amid Trump immigration chaos
+ Four US states refuse to deploy National Guard to border amid outcry
+ Economic optimization risks tipping of Earth system elements
+ Embry-Riddle researchers seek to improve hurricane evacuations and fuel supply
+ Macron backs Merkel in German row over migrants
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